R&D/innovation
With funding opportunities improving, developers and researchers are focused on shortening project learning cycles and reducing uncertainty to attract more capital and speed deployment.
By integrating reservoir simulation, probabilistic seismic hazard and risk assessment, and machine learning, this study provides a practical framework for translating complex geoscientific research into evidence-based policy and field operations, achieving measurable reductions in seismic risk indicators in the Groningen gas field.
The US Department of Energy has awarded more than $99 million to 21 projects that will advance geothermal development through field-scale testing of next-generation technologies and exploration drilling programs across the US.
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As several commercial-scale projects are gearing up in the US, developers expect the next few years to reveal whether lithium extraction from brines can become a big business.
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Two new US Department of Energy funding programs focus on improving shale recovery, mitigating produced-water risks, managing sour gas, and enhancing facility efficiency.
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Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
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The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
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The events will be co-located 3–5 May 2027 at Reliant Park in Houston, Texas.
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With the latest addition, the Italian major’s computational capacity passes the exaflop threshold, making the firm the world’s leading company by computing power in the new TOP500 global ranking.
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This guest editorial addresses the need for high-temperature directional drilling technologies as the number of rigs used to develop next-generation geothermal wells is set to rise in the coming years.
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This article from the SPE Robotics and Autonomous Systems Technical Section (RASTS) explores the insights shared at the recent Offshore Technology Conference (OTC) in Houston about autonomous systems and their role in the industry's future.
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The technology has passed its first phase of qualification, with 84 nodes placed on the seafloor at a depth of 2,000 m to acquire 4D seismic data in the pre-salt Santos Basin.
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The new technology, recently highlighted at OTC, has received a statement of maturity from ABS.